£100,000 raised for Borough Market traders affected by terror attack

News Desk (29 June, 2017) Business London Bridge Terror Attack

JustGiving page originally hoped to raise £50,000

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More than £100,000 has been raised for Borough Market traders whose businesses were disrupted by the London Bridge terror attack.

The milestone was crossed on June 27, just less than one month since the outrageous attack on June 3, in which eight people were killed.

Market traders and businesses along Borough High Street were affected for days as a police cordon remained in place until June 12, and the market reopened the following day.

Many returned to their shops, pubs and stalls after the cordon was lifted to find their properties still badly damaged following the three knifemen’s rampage.

The JustGiving appeal page surpassed its £50k target shortly after it was set up by the Borough Market Trust.

Donald Hyslop, the Trust’s chair, said: “An atrocity of this magnitude has many hidden victims. Among these are the independent traders and producers who rely upon Borough Market for their livelihood.

“If any of these traders, whose skill and dedication make the market such a wonderful asset, were to find the viability of their work threatened by this act of violence, the result would be to add a sad injustice to a terrible tragedy.

“Anyone who wishes to support this fund will find their generosity gratefully received. There was never any doubt in my mind that the Market’s community would pull together in a crisis, but it is nonetheless humbling to see that solidarity in action.”

Southwark Council also announced on June 15 that business rate relief would be offered to the affected traders.

But it emerged on Tuesday that the Treasury has delayed offering compensation to the Market’s traders, due to confusion over whether to formally label the incident a “terrorist” attack.

A Treasury spokesman told the News on Wednesday: “We are currently in active discussions with the Metropolitan Police regarding the London Bridge attack and are confident that we will be able to provide certainty to insurers shortly.”

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